Financial Performance in January-December 2017
| Consolidated statement of comprehensive income, MEUR |
2017
|
2016
|
| |
12 months |
12 months |
| Net sales |
51.6 |
64.2 |
| Operating profit / loss |
-6.2 |
2.5 |
| Financial income and expenses |
0.4 |
0.6 |
| Result before tax |
-5.8 |
3.1 |
| Result for the period from continuing operations |
-4.8 |
3.5 |
| Result for the period from discontinuing operations |
1.7 |
|
| Result for the period |
-3.1 |
3.5 |
| Total comprehensive income for the period |
-3.2 |
3.5 |
| |
|
|
| Result for the period attributable to: |
|
|
| Equity holders of the parent |
-3.1 |
3.5 |
| Total comprehensive income for the period attributable to: |
|
|
| Equity holders of the parent |
-3.2 |
3.5 |
| |
|
|
| Earnings per share from continuing operations, EUR |
-0.133 |
0.098 |
- Cash flow from operating activities was EUR -0.0 million (EUR -1.7 million, in 2016).
- Net cash flow was EUR -32.0 million, including the EUR 10.7 million dividend payment in April and the investments made into the Company´s new office building in Oulu, Finland and into own product development (EUR -27.9 million, in 2016, including the EUR 10.7 million dividend payment and the investments made into the company´s new office building in Oulu, Finland).
- Equity ratio was 85.6 percent (87.0 percent, December 31, 2016).
- Net gearing was -52.9 percent (-70.3 percent, December 31, 2016).
Half Year Figures
| Group's net sales and operating result, MEUR |
2H/17 |
1H/17 |
2H/16 |
1H/16 |
| Net sales |
24.5 |
27.1 |
33.1 |
31.1 |
| Operating profit (loss) |
-3.4 |
-2.8 |
1.9 |
0.7 |
| Result before taxes |
-3.4 |
-2.4 |
2.2 |
0.9 |
| Result for the period |
-2.4 |
-2.4 |
2.6 |
0.9 |
| Distribution of net sales by market areas, MEUR and % |
2H/17 |
1H/17 |
2H/16 |
1H/16 |
| Asia |
1.0
4.2% |
0.3
1.1% |
0.2
0.7% |
0.5
1.5% |
Americas |
1.4
5.8% |
4.5
16.4% |
6.7
20.2% |
5.5
17.6% |
Europe |
22.0
90.0% |
22.4
82.5% |
26.2
79.1% |
25.1
80.8% |
